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Anticipated Coronavirus Claims Scenarios Across Major Insurance Coverage Lines

Knowledge

Anticipated Coronavirus Claims Scenarios Across Major Insurance Coverage Lines

“As the COVID-19 pandemic has progressed over the past several months, participants in the insurance industry have recognized the likelihood of a resulting increase in claims volume,” Jeffrey L. Kingsley, and Michael E. Longo, and Adam R. Durst write in Claims Journal. “Much of the early focus has been on the ramifications to insurers that write business interruption policies. However, a broader look reveals that many disparate lines of coverage are likely to see a significant boost in claims, whether directly caused by the pandemic itself or by social, institutional and governmental reaction to it.”

In their article, Jeff, Adam, and Mike analyze anticipated claims, cases to watch, and other issues arising under business interruption, event cancellation, commercial general liability (CGL), directors and officers (D&O), insurance agent and brokers errors and omissions (E&O), and workers’ compensation and employer’s liability lines.

Read the article:

Viewpoint: Anticipated Coronavirus Claims Scenarios Across Major Coverage Lines,” Claims Journal, April 7, 2020


ABOUT GOLDBERG SEGALLA’S GLOBAL INSURANCE SERVICES PRACTICE AND COVID-19 COVERAGE TEAM:

Goldberg Segalla is one of the premier law firms advising and representing the global insurance and reinsurance industry. Our 75-lawyer Global Insurance Services practice, which Law360 ranks among the largest in the United States, exists to serve insurers, reinsurers, and all others operating in the insurance arena.

The firm’s Coronavirus Coverage Team serves multiple leading insurers on national and regional coronavirus coverage panels, and provides ongoing counsel to national and international insurers regarding the latest developments in coronavirus-related legislation and regulation as well as trends in claims and litigation.

Visit our Coronavirus Resources Hub for the latest information.